Internet radio service Pandora Media Inc said it paid nearly $500
million in artist royalties over the past 12 months, bringing the total
to more than $1.5 billion in about 10 years.
1/3rd of all payouts were collected in the last 1/10th of the time.
Now let’s wait for our local Dictator for Artist Royalties Mr. T. tell us how much should actually be paid in the next accounting period. Because he knows the best.